[HippyLoggerBiker]

Red Cross Form 990 FY 2013 (Latest available)

(link to pdf)
https://pp-990.s3.amazonaws.com/2015_03_EO/53-0196605_990_201406.pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=AKIAI7C6X5GT42DHYZIA%2F20160822%2Fus-east-1%2Fs3%2Faws4_request&X-Amz-Date=20160822T183235Z&X-Amz-Expires=1800&X-Amz-SignedHeaders=host&X-Amz-Signature=02cfd2a7986dc26f27b4f23e16c451c770a54136de3559d5e170082a8114098b

Total Revenue 2,974,133836

Grants (mostly Disaster Relief):
Individuals 130,927,474
Outside of US 84,110,000

Total 215,037,474

Compensation:
To Officers 4,835,529
Others 1,258,269,459
Pension Plans 117,366,056
Other emp. Benefits 95,543,995
Payroll taxes 101,183,661

Total 1,577,198,700

see pdf for other details.

Says a lot, eh?

[Terry L Smith]

dear hippy,

let’s see ... I was a bookkeeping student at one time in my life:

Total Revenue 2,974,133,836.00
Total LIABILITY 1,577,198,700.00

REVENUE MINUS LIABILITY EQUALS PROFIT: $1,396,935,136.00

How can The Red Cross, which has been advertised as a NONPROFIT ORGANIZATION, for years, make a PROFIT of over ONE BILLION DOLLARS?????